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The Impact of Public Debt on Economic Growth and Inflation

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  • Marián Kočner

    (Department of Enterprise's Information Systems, Faculty of Economics and Management, Slovak University of Agriculture in Nitra, Tr. A. Hlinku 2, 949 76 Nitra, Slovak Republic)

Abstract

The paper on hand of the long term data from public debt, GDP and inflation in selected countries analyzes their interconnection. The analysis method is similar to the methods used by Reinhart, Rogoff (2010a). The original study did not include all new EU countries. The aim of this paper is to assess the impact of the debt level on the economic growth and inflation in the selected new EU countries, which are not listed in the original paper from Reinhart, Rogoff.

Suggested Citation

  • Marián Kočner, 2014. "The Impact of Public Debt on Economic Growth and Inflation," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 62(6), pages 1545-1549.
    • Handle: RePEc:mup:actaun:actaun_2014062061545
    DOI: 10.11118/actaun201462061545
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    References listed on IDEAS

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    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "Varieties of Crises and Their Dates," Introductory Chapters, in: This Time Is Different: Eight Centuries of Financial Folly, Princeton University Press.
    2. Carmen M. Reinhart & Kenneth S. Rogoff, 2010. "Growth in a Time of Debt," American Economic Review, American Economic Association, vol. 100(2), pages 573-578, May.
    3. International Monetary Fund, 2010. "A Historical Public Debt Database," IMF Working Papers 2010/245, International Monetary Fund.
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